Bill Gates is no longer one of the world’s 10 richest people. As of July 8, 2025, he ranks 12th on the Bloomberg Billionaires Index with a net worth of $124 billion.
He is now behind Michael Dell ($137 billion) and Steve Ballmer ($172 billion), his former Microsoft teammate.
The reason for Gates’s drop isn’t bad investments — it’s his charity work. Bloomberg recently adjusted his wealth to account for his large donations. About $52 billion was deducted from his total. Gates and his ex-wife Melinda have already donated over $60 billion to the Gates Foundation.
The foundation plans to spend another $200 billion by 2045 and then shut down.
Who’s the richest now?
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Elon Musk – $346 billion
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Mark Zuckerberg – $253 billion
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Larry Ellison – $248 billion
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Jeff Bezos – $244 billion
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Steve Ballmer – $172 billion
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Larry Page – $160 billion
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Bernard Arnault – $157 billion
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Sergey Brin – $150 billion
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Warren Buffett – $144 billion
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Jensen Huang – $138 billion
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Michael Dell – $137 billion
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Bill Gates – $124 billion
Even though he’s dropped in the rankings, Gates remains one of the world’s biggest and most influential philanthropists.
